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The personnel costs of the printing and reproduction of recorded media industry in Switzerland decreased to 1 billion euros since the previous year. Therefore, 2020 marks the lowest personnel costs in this industry during the observed period.
According to Eurostat, cost of personnel are defined as the total remuneration payable by an employer to an employee in return for work during the reference period. It also includes taxes and employees' social security contributions retained by the unit as well as the employer's compulsory and voluntary social contributions. Personnel costs are made up of wages and salaries and employers' social security costs.

Find more key insights for the personnel costs in countries like Austria and Germany.